There are at least ten other hospitals in East Bank Regional Hospital’s service area. These hospitals (including East Bank Regional) treated 7,060 patients with a CVD diagnosis in the previous year. East Bank Regional Hospital’s market share for the CVD product line is 6.66%. a. How many patients with CVD were treated at East Bank Regional Hospital the previous year? b. Assuming no changes in market share, estimate how many patients with CVD could potentially have been treated at East Bank Regional Hospital the previous year. c. Assuming no changes in market share, no deaths among the patients in the population with CVD, and static growth in the population of East Bank Regional Hospital’s service area, estimate how many patients with CVD can be expected to be treated at East Bank Regional Hospital the following year. d. Should Pettingill hire a new physician? Why or why not?
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